USA Reaches Major Trade Deal With Japan.

originally posted by: Duderino

Orange man is a liar, and so are his people. If you think that makes him bad, that's your call.

I just always call for caution when dealing with known and proven liars.

If you like your doctor you can keep your doctor. CHANGE There will be a public option. "No scandals in my administration" (Fast n Furious, Immigrant children in cages, Spygate, Death of Seth Rich, Hillary's e-mails, Weaponizing the IRS for starters, rigging of both primaires, Fusion GPS DWS laptop, Weiner's laptop). That what on in the last President all far more disgusting and liarsome than anything Trump has said or done.

Show some Trump lies. You called him a liar now tell us his lies. Or is that how you are programmed to think? Trump has kept more campaign promises than all of the other presidents combined in my lifetime.

Let's hear those lies you speak of. It is time to put up or shut up

a reply to: toysforadults

The only reason they own the market is because they deflate the value making it impossible to make a profit for anyone else.

If they raised the price then others will jump in on the action.

originally posted by: Arnie123

originally posted by: toysforadults
a reply to: Middleoftheroad

www.cnbc.com...

Trade war if all rhetoric is China really wanted to win all they have to do is leverage their precious metals market

That's false and been discussed, there isn't anything the chinese can do to "win" other than negotiate new trade deals, they've been stretched.

Australia and the US are in talks about getting heavily involved in Australia's rare earth minerals,

So China will lose another card in their negotiating deck

a reply to: pianopraze

In exchange Donald has promised to send few hundred thousand able bodied men to solve Japans population decline. (iwish)

a reply to: Arnie123

And what im saying is there is no market like the one that was lost.

that is all.

Original Tweet

Demented Donald on Twitter, Aug 25, 2019 12:30:21 PM:


"The question I was asked most today by fellow World Leaders, who think the USA is doing so well and is stronger than ever before, happens to be, “Mr. President, why does the American media hate your Country so much? Why are they rooting for it to fail?"


I can GUARANTEE you that he was not asked that question, nor did they tell him "the USA is doing so well and is so strong and you are so handsome" and the other words he would so much like to hear.

But your prez does his thing, and the world is watching and will remember. Now back to "nuking the hurricanes"....

a reply to: ManFromEurope

"In France we are all laughing at how knowingly inaccurate the U.S. reporting of events and conversations at the G-7 is. These Leaders, and many others, are getting a major case study of Fake News at it’s finest! They’ve got it all wrong, from Iran, to China Tariffs, to Boris"

So I guess Trump was prettig thrilled to see minister of foreign affairs Zarif of Iran take up a Seat at the table as a surprise guest by Macron...

Peace

a reply to: ManFromEurope

How can you guarantee that - were you there?
It's not only feasible, it's probable that other world leaders are looking on at the ridiculous fake news of outlets like CNN and are incredulous as to why they hate America so much and are hell bent on destroying their own country.

originally posted by: cenpuppie
a reply to: Arnie123

And what im saying is there is no market like the one that was lost.

that is all.

You're probably right, who knows? But this is trade and negoatiation is much more than what the title reads.

When dealing in BILLIONs between POWERFUL NATIONS, everything matters and is of context.

How so? Just recently, like within 15 hours, China has called for calm negotiations with the US as a result of this deal.

Markets can adjust too.

originally posted by: ManFromEurope
I can GUARANTEE you that he was not asked that question

Then do so. PROVE IT.

I can GUARANTEE you probably can't.

Yawn.

originally posted by: pianopraze
Trump has just reached a major trade deal with Japan!

Japan is a population of 125 Mil.
China is 1.4 Billion

We already had a good trade deal with Japan, very little room for improvement. And even that Nth degree improvement in the trade deal is likely BS from Trump.

We would need 12 (Brand New) Japans to fill the trade hole Trump is creating with China.

originally posted by: CrazyFox

Show some Trump lies. You called him a liar now tell us his lies.

Fact-Checkers have been exhausted by him, but from what they are able to follow, he tells the truth about 4% of the time.

www.politifact.com...

a reply to: Extorris

When negotiating, temporary reprieves are great for your side. China has a much bigger population to feed and they cannot sit too long holding their breath. That population will turn on them in uprisings much quicker when starved. China cannot allow this to happen for they will lose their power over the people.

Trump and America actually do have the cards to win here. China's bluff and bluster is not going to work this time. They will have to negotiate because at this time, they have more to lose overall and they are not negotiating with a pandering political opponent of old, but an actual businessman.

originally posted by: CynConcepts
a reply to: Extorris

When negotiating, temporary reprieves are great for your side. China has a much bigger population to feed and they cannot sit too long holding their breath. That population will turn on them in uprisings much quicker when starved. China cannot allow this to happen for they will lose their power over the people.

?????

A) China is not a free market. They have put down countless uprisings and never missed a beat. They can and will wait for the US to enter a recession.
B) Putin already looking to fill the void Trump has gifted him
www.scmp.com...
C) A marginal improvement with Japan is tiny, near invisible speck compared to the China Market.
D) YES, China needs to be brought to heel and trade improved. If Trump was serious about that he wouldn't have attacked our European Allies and exited Trade Pacts, he would have brought the world markets along with him and genuinely put the screws to China...He is doing the OPPOSITE...POing allies that would have joined us to tame China and instead gifting Russia an opening to begin to fill the void.

His China strategy seems perfectly constructed to benefit first Russia and then 2nd China...cuz first Putin will exploit the void, then Trump will cave before the election and announce "the best deal ever" with China, where in the fine print China ends up winning more than they began with.

a reply to: Extorris
Well said!
Trump thinks this is his old life, where he can bully everyone..nope, dealing with big fish now.

a reply to: vonclod

I agree, except I don't think trump is trying to bully China into a better trade deal. I think willfully destroying the relationships with partners that could have teamed with us to actually apply real pressure to China and then enacting strategies that hurt us much more than them and leave space for Russia and other players to fill the void?
With the most likely predictable scenario being signing a compromised deal before the election and hoping the US public pays more attention to his Twitter than the "fake media" that examines the deal?

Steve Bannon once said the Media's biggest Mistake was focusing on Trump +Russia when they should really be worried about Trump +China.

A good example of how Trump deals with China is the Foxconn deal he brokered in WI.
4B in US Tax incentives
A promise to hire 1000+ employees by the end of 2018.
Trump shouted it from the roof-tops and folks here on ATS cheered it as an example of his deal making skills.
They have hired less than 200 and there is talk by Foxconn execs that they might not even manufacture at the location.

It is unclear, though, how much of the facility will be devoted to manufacturing. The company has given multiple statements in recent weeks saying that engineers may account for anywhere from two-thirds to 90 percent of staffing — a far different mix than the blue-collar manufacturing haven originally envisioned.

The recent doubts kicked off late in January when Louis Woo, special assistant to Foxconn Chief Executive Terry Gou, told Reuters that his company was rethinking its commitment to the project.

www.chicagotribune.com...

Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn
www.bloomberg.com...

For some Foxconn workers watching who’d labored at the LCD TV factory for months, the president’s rhetoric didn’t match reality. The LCD components weren’t made in the USA, according to sources familiar with the operation. They were shipped from a Foxconn factory in Tijuana. The Wisconsin plant was only handling the last steps of assembly, and some TV displays were still labeled “Made in Mexico.” Pay at the factory started at about $14 an hour with no benefits, much less than the $23 average Foxconn promised.

originally posted by: Extorris

originally posted by: pianopraze
Trump has just reached a major trade deal with Japan!

Japan is a population of 125 Mil.
China is 1.4 Billion

We already had a good trade deal with Japan, very little room for improvement. And even that Nth degree improvement in the trade deal is likely BS from Trump.

We would need 12 (Brand New) Japans to fill the trade hole Trump is creating with China.

You're demostrating the same narrow minded view as other leftist.

Let me be clear, JAPAN ISN'T THE END ALL BE ALL.

This is a "FRACTION" of what else there is to become.

originally posted by: Extorris

originally posted by: CrazyFox

Show some Trump lies. You called him a liar now tell us his lies.

Fact-Checkers have been exhausted by him, but from what they are able to follow, he tells the truth about 4% of the time.

www.politifact.com...

Welcome to politics???

originally posted by: cenpuppie
a reply to: Arnie123

And what im saying is there is no market like the one that was lost.

that is all.

Again, there X numbers of pigs in the world, for example. There isn't a huge glut or surplus of domesticated pigs/pork meat. If China stops importing it, it has to import them from somewhere else. If China buys pork from Germany (top exporter, about equal with US) instead, then other countries that were buying German pork need to get it somewhere. US pork producers now have a new market or an expansion of an old market. Status quo stays about the same. Hurts until those agreements develop, but not a lot, unless other China and other countries are going to significantly grow their pork production, which will take time. The markets are a tangle of set agreements. Despite being a major exporter of pork (2.5 million tons) with trade agreements, we still imported about a half million tons of pork last year from Canada and Denmark, mostly.
US produced about 2.5 million MT of pork last year. A little over 300,000 tons were exported to China. It's a spit in the bucket to the domestic producers even if they didn't find a new market. It'd just slow the industry. We actually imported more pork last year than we exported to China. Pork producers wouldn't love it, but it wouldn't be devastating.

Soy would be much worse. It's about 20% exported to China. But again, it's a small drop of US Ag. Many soy farmers would probably have to change out to another crop. It would be expensive, but not crippling. Particularly if the government continues to turn portions of the tariff revenue into farm subsidies.


Compare that to how much China produces in plastic doodads and what percentage are consumed by the US markets, for example. It wouldn't be pretty in China. The massive trade imbalance means they cannot match tariffs tit-for-tat. And if industries move to Malaysia, Vietnam, Bangladesh, etc and markets align and stabilize as new supply lines begin to be established, those companies aren't coming back to China in the foreseeable future. There are other countries happy to expand their production for access to the world's largest consumer market. No one, nowhere buys more "stuff" at higher price points than the American consumer. And several of their industries are already overcapacity. Losing or limiting their access to the US consumer market is their worst nightmare. We have a $350,000,000,000.00+ trade imbalance. They can put 200% tariffs on all our exports to China and not come close to recovering a 25% tariff on Chinese exports.

The huge national debtis raising at a rate 4x that of the GDP. 20 some industries are admittedly overcapacity.

Sounds like the command economy and politburo could use some work... They cannot afford to shutter their industries AND fave rapidly rising food costs. It's suicide. Their only hope is to be able to wait out Trump for a new administration. And I don't think they can do it if he continues to hold firm. Doesn't seem like the tariffs are a bluff. They can't afford another year and a half wait because markets will align by then. The businesses won't come back and reinvest after they leave. They definitely can't afford 5 and a half years, which isn't exactly out the picture either.

originally posted by: Arnie123
This is a "FRACTION" of what else there is to become.

Preliminary of course....lol

Peace